VTech Announces 2024/2025 Interim Results [Yahoo! Finance]
VTECH HOLDINGS UNSP/ADR (VTKLY)
NASDAQ:AMEX Investor Relations:
vtech.com/en/investors
Company Research
Source: Yahoo! Finance
Gross profit margin improved from 28.5% to 31.5% Profit attributable to shareholders of the Company declined 6.6% to US$87.4 million Interim dividend of US17.0 cents per ordinary share, unchanged Gigaset integration on track for full completion by end of calendar year 2024 Financial position remains strong VTech Holdings Limited (HKSE: 303) today announced its results for the six months ended 30 September 2024 "VTech reported lower revenue and profit in the first half of the financial year 2025. A decline in sales of contract manufacturing services offset growth in electronic learning products and telecommunication products. Profit attributable to shareholders of the Company decreased owing to lower Group revenue and higher operating expenses arising from the integration of the assets of GST Communications GmbH (formerly known as Gigaset Communications GmbH), despite an improvement in gross profit," said Mr. Allan Wong , Chairman and Group CEO of VTech Holdings Limited.
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